Mortgage Lending

ORS 86A.127
Investigations

  • publicity with respect to violations
  • cease and desist order

The Director of the Department of Consumer and Business Services:

(1)

May make such public or private investigations within or outside this state as the director deems necessary to determine whether a person has violated any provision of ORS 86A.095 (Short title) to 86A.198 (Materials in languages other than English) or any rule or order of the director, or to aid in the enforcement of ORS 86A.095 (Short title) to 86A.198 (Materials in languages other than English) or in the formulation of rules and forms thereunder;

(2)

May require or permit a person to file a statement in writing, under oath or otherwise as the director determines, as to all the facts and circumstances concerning the matter to be investigated;

(3)

May publish information concerning any violation under this section or ORS 86A.130 (Enjoining violations), 86A.990 (Criminal penalties for violations of ORS 86A.095 to 86A.198) or 86A.992 (Civil penalties for violations of ORS 86A.095 to 86A.198) or any rule or order of the director after an action taken under this section or ORS 86A.130 (Enjoining violations), 86A.990 (Criminal penalties for violations of ORS 86A.095 to 86A.198) or 86A.992 (Civil penalties for violations of ORS 86A.095 to 86A.198); and

(4)

If the director has reasonable cause to believe that any person has been engaged, is engaging or is about to engage in any violation of any provision of ORS 86A.095 (Short title) to 86A.198 (Materials in languages other than English), may issue an order, subject to ORS 86A.139 (Notice of orders), directed to the person, and to any other person directly or indirectly controlling the person, to cease and desist from the violation or threatened violation. [Formerly 59.885]
Source

Last accessed
Jun. 26, 2021

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